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The Business Of Mining: Profits, Losses, Hobbies and Businesses

Everyone can deduct all of the ordinary and necessary expenses of conducting a trade or business. But how can anyone hope to refute the IRS’s labeling of their activity as a hobby or, probably more importantly, hope to achieve the label of a tax business?

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What To Look For—And Look Out For—In A Placer Mineral Report


Buying a placer claim or investing in a placer mining property comes with plenty of financial risks. You need as much information as possible about the mineral deposit in order to minimize those risks.

Legislative and Regulatory Update


• Increase in claim fees
• Impact of recent elections
• Current suction gold dredging status in California
• Parks in Southern California

Gold Deposits of Georgia


The first actual discovery of gold made on the lands of what is now the State of Georgia is shrouded in the mist of history.

Legislative and Regulatory Update


• Backdoor Wild Lands order
• PLP reports on latest dredge lawsuit
• Massive lands bill avoided
• No cap and trade for now
• RS-2477 rights affirmed

Company Notes


• Great Basin Gold
• Hecla Mining Company
• Newmont Mining Corp.
• U.S. Gold Corp.
• X-Cal Resources Ltd.
• Pan American Silver Corp.
• Corner Bay Silver Inc.

Picks & Pans: The Perfect Paystreak


I have never heard how Browns Creek got its name but this pristine Northern California stream, which splashes its way from Deer Lick Springs on the Shasta County line to the Trinity River below Junction City, could easily have been called...

Melman on Gold & Silver


I believe gold and silver prices, to at least some extent, negatively mirror the society's confidence in the ability of government to continue providing economic and social services.

Subscription Required:
The Bawl Mill   • Where To Find Diamonds   • Miners Find Encouraging Prospects Near Livengood   • Glen's Big Find   • Suction Dredge Study   • Lluvia de Oro— A Shower of Gold Awaiting Development in the Sierra Madre—Part I   • Beyond The End of The Road   • Barnes Store and Yankee Jims   • Mining Tax Increase Suggested   • Opening Ceremony for Buckhorn Mine   • Mining Journal Contest—How Much Is That Old Mining Journal Worth?   • Melman on Gold & Silver   • Mining Stock Quotes and Mineral & Metal Prices

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Legislative and Regulatory Update

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